4038 Mahinahina Pl, Lahaina, HI 96761

Property Description

Nestled in the vibrant heart of Honokowai within the Mahinahina neighborhood, lies a remarkable property that blends the tranquility of island living with the practical allure of income generation. This unique residence, featuring a main house and a detached cottage, offers four independent sources of income, making it a compelling choice for investors and multi-generational homeowners seeking both comfort and returns in one of Maui’s most sought-after locales. In this pocket of paradise, the property stands out not only for its residential appeal but also for its potential as a lucrative investment. PVL panels for lower electricity bills have been prepaid for the next 10 years, so no lease payments. Coin laundry on property for additional income. This home and detached cottage in Mahinahina’s Honokowai neighborhood provides a unique opportunity to combine island living with solid investment returns. With four sources of income, it stands as a testament to thoughtful ownership and future-oriented planning. This property’s strategic location, versatile layout, and commitment to sustainability make it not just a place to live, but a foundation for long-term prosperity. The cottage is a 1/1. The main house is configured as 3/2, 2/1, 1/1. The tenants have been here for many years. The home has been maintained, however needs some TLC. Please pre-qualify your Buyers before scheduling showings. The cottage rent is $1900, 3 BR $3200, 2 BR $2700 and 1 BR $1700. All pay their own utilities except for water.